Becoming a business owner is a tremendous personal achievement. Therefore, you want to ensure that you are adequately protected when you open up your business. There is no better way to protect your business than by getting a commercial general liability insurance policy. Fortunately, Texas Insurance Agency has you covered with the best and most affordable coverages.

The initiation of your business is a very exciting moment in your life. However, it can also be an overwhelming experience that comes with stress. Insurance is one of the areas where new business owners lose their battle to stress. So, what is commercial general liability insurance?

A commercial general liability policy protects you and your business from financial loss if you are liable for property damage, personal injury, and advertising injury caused by your services or your employees.

As a business owner, you are susceptible to lawsuits. Whether you’re being sued by a customer or employee for bodily injury, property damage, libel, slander, etc., commercial general liability can help you. Therefore, give yourself peace of mind and get thoroughly covered with Texas Insurance Agency.

Do I Need Commercial General Liability Insurance?

Allow us to help you find the right protection for your business.

If you’re the owner of a small business or a large company, we highly recommend obtaining a commercial general liability policy. Even though Commercial General Liability (CGL) isn’t required for business owners in the state of Texas, it doesn’t mean you shouldn’t get it. It is a great way to protect yourself and your business from financial losses.

CGL may not be required in Texas, but it is sometimes needed during business deals. For example, CGL may be necessary:

• When you have to sign contracts with companies or clients.
• Leasing an office space for your company.
• When you’re applying for a type of professional license.

Of course, your business can be successful without a Commercial General Liability policy. However, keep in mind that it can protect your assets in case a claim is brought against you. Additionally, it can help you pay for:

• Attorney fees
• Medical payments
• Settlements
• And more!

What You Need For A Commercial General Liability Insurance Policy

At Texas Insurance Agency, we understand that dealing with insurance is never an easy task. Fortunately, we are here to guide you through its complexities. Here is some important information you will need when applying for a commercial general liability policy.

You will typically need to provide:

• The type of business
• Years in operation
• Years of experience
• Your credentials
• The number of employees, if any.

Plus, you can ask for additional liability coverage. For example, there is Professional Liability, Management Liability, Workers’ Compensation, and Products Liability. However, it is important to consider what type of business you run, your services, and the number of employees to determine the right coverage for you.

Therefore, we encourage you to visit one of our locations to go over the type of coverage that will benefit you. Call Texas Insurance Agency today and have peace of mind knowing you have the proper protection for your business.